{"id":99654,"date":"2022-06-30T15:51:03","date_gmt":"2022-06-30T12:51:03","guid":{"rendered":"https:\/\/timeskuwait.com\/news\/?p=99654"},"modified":"2022-06-30T15:51:03","modified_gmt":"2022-06-30T12:51:03","slug":"cbk-obliges-banks-to-disclose-deposit-interest-rate-mechanism","status":"publish","type":"post","link":"https:\/\/timeskuwait.com\/news\/cbk-obliges-banks-to-disclose-deposit-interest-rate-mechanism\/","title":{"rendered":"CBK obliges banks to disclose deposit interest rate mechanism"},"content":{"rendered":"<p>The Central Bank of Kuwait has issued instructions to local banks to implement a new mechanism in pricing deposits in dinars, especially those whose maturity date is approaching, as well as those whose deadlines are nearing the end and work is underway to renew them. <\/p>\n<p>Informed sources told a local Arabic daily the Central Bank obligated the banks to disclose and advise clients, especially with regard to applying the interest rate on clients\u2019 deposits in dinar, indicating that advice in this regard should enable the client to be fully aware of the bank\u2019s measures taken in this regard. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Kuwait has issued instructions to local banks to implement a new mechanism in pricing deposits in dinars, especially those whose maturity date is approaching, as well as those whose deadlines are nearing the end and work is underway to renew them. Informed sources told a local Arabic daily the Central Bank [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":99655,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,18],"tags":[],"class_list":["post-99654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-local"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CBK obliges banks to disclose deposit interest rate mechanism - TimesKuwait<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timeskuwait.com\/news\/cbk-obliges-banks-to-disclose-deposit-interest-rate-mechanism\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBK obliges banks to disclose deposit interest rate mechanism - TimesKuwait\" \/>\n<meta property=\"og:description\" content=\"The Central Bank of Kuwait has issued instructions to local banks to implement a new mechanism in pricing deposits in dinars, especially those whose maturity date is approaching, as well as those whose deadlines are nearing the end and work is underway to renew them. Informed sources told a local Arabic daily the Central Bank [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/timeskuwait.com\/news\/cbk-obliges-banks-to-disclose-deposit-interest-rate-mechanism\/\" \/>\n<meta property=\"og:site_name\" content=\"TimesKuwait\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/timeskuwait\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-30T12:51:03+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/timeskuwait.com\/news\/wp-content\/uploads\/2022\/06\/Untitled-148.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Lenin Kumar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@thetimesq8\" \/>\n<meta name=\"twitter:site\" content=\"@thetimesq8\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lenin Kumar\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/cbk-obliges-banks-to-disclose-deposit-interest-rate-mechanism\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/cbk-obliges-banks-to-disclose-deposit-interest-rate-mechanism\\\/\"},\"author\":{\"name\":\"Lenin Kumar\",\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/#\\\/schema\\\/person\\\/c1f19a91112956d7f83c270ed5aa1760\"},\"headline\":\"CBK obliges banks to disclose deposit interest rate mechanism\",\"datePublished\":\"2022-06-30T12:51:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/cbk-obliges-banks-to-disclose-deposit-interest-rate-mechanism\\\/\"},\"wordCount\":108,\"publisher\":{\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/cbk-obliges-banks-to-disclose-deposit-interest-rate-mechanism\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/wp-content\\\/uploads\\\/2022\\\/06\\\/Untitled-148.png\",\"articleSection\":[\"Featured\",\"Local\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/cbk-obliges-banks-to-disclose-deposit-interest-rate-mechanism\\\/\",\"url\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/cbk-obliges-banks-to-disclose-deposit-interest-rate-mechanism\\\/\",\"name\":\"CBK obliges banks to disclose deposit interest rate mechanism - 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